State of Michigan Public Act 201 of 2012 - Section 245

State of Michigan Public Act 201 Section 245

From the funds appropriated in section 236, each public university shall develop, post, and maintain, on a user-friendly and publicly accessible Internet site, a comprehensive report categorizing all institutional general fund expenditures made by the university within a fiscal year.The report shall include institutional general fund expenditure amounts categorized both by each academic unit, administrative unit, or external initiative within the university and by major expenditure category, including faculty and staff salaries and fringe benefits, facility-related costs, supplies and equipment, contracts, and transfers to and from other university funds.

The report shall also include a list of all employee positions funded partially or wholly through institutional general fund revenue that includes the position title, name, and annual salary or wage amount for each position.

The university shall not provide financial information on its website under this section if doing so would violate a federal or state law, rule, regulation, or guideline that establishes privacy or security standards applicable to that financial information.

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Many of the Michigan public universities do not routinely and systematically survey all their graduating seniors to gather data for a reliable response to this metric. At present there is no common core set of questions and no consistent date for survey administration. Depending on the institution and the timing, response rates may be low and also biased towards students who have been successful in either entering the workforce or a graduate program. While institutions are making an effort to report the data that is available to them, care should be taken in interpreting the results.

SECTION 3A: Capital Outlay

In accordance with the 2013-14 JCOS Rules and Policies, UM-Flint has one project to report in this current six-month cycle, July 1, 2014 through December 31, 2014. The current project, which requires posting per the Management and Budget Act and the 2013-14 JCOS Rules and Policies, is "Northbank Center United States Drug Enforecement Administration Lease Buildout." The Use and Finance Reporting Form, which provides further description of the project including the project budget can be found by clicking the link below.